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Cosco Shipping and SIPG offer $6.3bn to buy OOIL

2017-07-11 01:00:00| Ship Technology

Cosco Shipping Holdings and Shanghai International Port (SIPG) have made a joint offer to purchase all issued shares of Orient Overseas International (OOIL) for HK$49bn ($6.3bn) at an offer price of HK$78.67 ($10.06) in cash.

Tags: buy shipping offer cosco

 

Deals this week: Wartsila, Jinhui Shipping and Transportation, ESL Shipping Oy

2017-07-07 01:00:00| Ship Technology

Virgin Voyages has awarded a contract to Wärtsilä to provide a comprehensive scope of solutions for three new 2,800-passenger cruise vessels to be built at the Fincantieri shipyard in Italy.

Tags: week shipping deals transportation

 
 

Global Industry Alliance (GIA) launched to support low carbon shipping

2017-07-05 11:56:11| Green Car Congress

Tags: support low shipping global

 

Swedegas to invest in Port of Gothenburg's LNG infrastructure to improve shipping operations

2017-07-05 01:00:00| Ship Technology

Swedegas has decided to invest in new LNG infrastructure at the Port of Gothenburg in Sweden, in order to address the need for a more environmentally friendly fuel in the shipping industry.

Tags: shipping improve port operations

 

MacGregor and ESL Shipping to jointly develop bulk handling cranes

2017-06-30 01:00:00| Ship Technology

Cargotec subsidiary MacGregor has agreed to develop and test an autonomous discharging feature on its bulk handling cranes, in partnership with ESL Shipping.

Tags: shipping develop handling bulk

 

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